LTC ready for a massive rebound, targeting $100

  • Litecoin is on the verge of a breakout to $100, mostly if the seller congestion at $80 is overcome.
  • The bullish narrative might be invalidated if the TD Sequential indicator’s sell signal on the weekly chart is confirmed.

Litecoin is in the middle of a recovery mission after bouncing off the support of $64. The digital asset is trading at $79 while battling the resistance at $80. A break above $80 is likely to catapult LTC towards the coveted $100.

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